SAINTE-WALBURGE COLLECTION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SAINTE-WALBURGE COLLECTION
Largest movements
- Cash -€20,772
down €20,772 (-25.6%), from €81,002 to €60,230
mainly Stocks and contracts (-€14,065) and Debts after one year (-€8,673)
- Stocks and contracts +€14,065
up €14,065 (+36.2%), from €38,880 to €52,945
- Receivables within one year -€2,869
down €2,869 (-69.4%), from €4,132 to €1,263
of which Other amounts receivable: -€4,132
- Debts after one year -€8,673
down €8,673 (-45.5%), from €19,051 to €10,378
- Profit (loss) carried forward -€7,316
down €7,316 (-85.5%), from €8,557 to €1,242
- Tax, wage and social debts +€4,594
up €4,594 (+107%), from €4,283 to €8,876
of which Taxes: +€2,877
- Current portion of long-term debt +€1,617
up €1,617 (+26.9%), from €6,000 to €7,617
- Gross operating margin -€12,299
down €12,299, from €11,545 to -€754
- Financial charges -€2,719
down €2,719 (-37.1%), from €7,334 to €4,615
- Taxes -€788
down €788 (-71.3%), from €1,106 to €318
- Other operating charges +€502
up €502 (+147%), from €341 to €843
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,313 | €116,470 | -€9,843 | -7.8% |
| Fixed assets | 21/28 | €2,299 | €1,513 | -€786 | -34.2% |
| Tangible fixed assets | 22/27 | €2,129 | €1,343 | -€786 | -36.9% |
| Plant, machinery and equipment | 23 | €2,129 | €1,343 | -€786 | -36.9% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €124,014 | €114,957 | -€9,058 | -7.3% |
| Stocks and contracts in progress | 3 | €38,880 | €52,945 | +€14,065 | +36.2% |
| Stocks | 30/36 | €38,880 | €52,945 | +€14,065 | +36.2% |
| Amounts receivable within one year | 40/41 | €4,132 | €1,263 | -€2,869 | -69.4% |
| Trade receivables | 40 | - | €1,263 | +€1,263 | |
| Other amounts receivable | 41 | €4,132 | - | -€4,132 | |
| Cash at bank and in hand | 54/58 | €81,002 | €60,230 | -€20,772 | -25.6% |
| Deferred charges and accrued income | 490/1 | - | €518 | +€518 | |
| Total equity and liabilities | 10/49 | €126,313 | €116,470 | -€9,843 | -7.8% |
| Equity | 10/15 | €27,157 | €19,842 | -€7,316 | -26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,557 | €1,242 | -€7,316 | -85.5% |
| Amounts payable | 17/49 | €99,156 | €96,628 | -€2,528 | -2.5% |
| Amounts payable after more than one year | 17 | €19,051 | €10,378 | -€8,673 | -45.5% |
| Financial debts | 170/4 | €19,051 | €10,378 | -€8,673 | -45.5% |
| Amounts payable within one year | 42/48 | €80,104 | €86,250 | +€6,145 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €7,617 | +€1,617 | +26.9% |
| Trade debts | 44 | €35,398 | €35,399 | +€1 | 0.0% |
| Suppliers | 440/4 | €35,398 | €35,399 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €4,283 | €8,876 | +€4,594 | +107% |
| Taxes | 450/3 | €3,222 | €6,099 | +€2,877 | +89.3% |
| Remuneration and social security | 454/9 | €1,061 | €2,777 | +€1,716 | +162% |
| Other amounts payable | 47/48 | €34,424 | €34,358 | -€66 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €786 | €786 | = | 0.0% |
| Other operating charges | 640/8 | €341 | €843 | +€502 | +147% |
| Gross operating margin | 9900 | €11,545 | -€754 | -€12,299 | |
| Operating profit (loss) | 9901 | €10,418 | -€2,383 | -€12,801 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.0% |
| Financial charges | 65/66B | €7,334 | €4,615 | -€2,719 | -37.1% |
| Recurring financial charges | 65 | €7,334 | €4,615 | -€2,719 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €3,087 | -€6,998 | -€10,085 | |
| Income taxes | 67/77 | €1,106 | €318 | -€788 | -71.3% |
| Profit (loss) for the period | 9904 | €1,981 | -€7,316 | -€9,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,981 | -€7,316 | -€9,297 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.